Bulgaria - Pension pay increases with 2.6% - August 31, 2016

The supervisory board of the National Social Security Institute (NOI) has decided to increase pensions by 2.6%. The minimum monthly pension becomes BGN 161.38, while the maximum retains its level of BGN 910. The increase of pensions is calculated as the sum of 50% of the growth of inflation and 50% of the average insurable income for the past calendar.